date:Aug 28, 2023
ently recorded in equity.
This includes a commitment from Arnest Group to repay the historical intercompany debt of the Russian business of approximately 100 million (US$ million) due to Heineken in installments.
The transaction will have a negligible impact on diluted EPS (beia), and Heinekens full-year 2023 outlook is unchanged from the sale.
We have now completed our exit from Russia. Recent developments demonstrate the significant challenges faced by large manufacturing companies in exit